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maintained its 2012 targets despite super storm sandy. we'll speak to the cfo. >> plus coming up we bring you your very own blockbuster. [s #. >>> china releases improved economic data for october on the second day of the communist party congress. beijing inflation continues to cool. >> allianz maintains its full rear target despite super storm sandy on the back of solid quarterly results. we'll hear from the cfo. >> luxury goods make ir announces two ceos but admits to slowing asian sales. >> and credit agricole pays a steep price to exit greece as it takes a hit on the sale to alpha bank. >>> britain's trade deficit narrowed a little bit more than expected in september. third quarter construction up, but also falling by an amount similar to earlier estimates reduces the chance of a downward revision to that strong third quarter gdp number, as well. so official data showing britain's deficit shrinking to 8.4 billion pounds in september. it was 10 billion pounds in august. the quarterly trade graph closed, as well. just for the record, economists were forecasts september goods deficit of 8.9
had trying to help the northeastern united states come back from hurricane sandy. >> i talked to people in the utility industry because i have a lot of people on. there's a lot of feeling that the politicians are going to really come down on the utilities after the smoke clears here. i'm hearing it from high level people in the utilities saying no matter what we do, easy times for stockholders could come to an end. >> there's no rule from god that con ed or whoever has to be the utility in any part of the country. >> something to watch. that group has been strong. it's been viewed as an unregulated group that used to be under the jacket of regulation. it could come back. >> many have dividend yields that are significant in these low yield times so they are attractive for that. con ed says it isn't going to try to assess what costs are going to be. >> if you're a politician, they're an easy pinata. red cross, no. con ed, yes. >> more on your money and your vote. we'll get you the opening bell. ralph nader was a third-party candidate in the 2012 presidential election. we'll ask
winds to the northeast as the region still tries to recover from sandy. a live report from the weather channel. >>> u.s. equity futures are flat at this hour after a big selloff yesterday. a couple individual stock stories that we're watching. apple is in a bear market, down more than 20% from its all time high on september 21st, the day the latest iphone went on sale. apple still enjoys the world's largest market cap. i think maybe yesterday michelle was doing fast money or halftime report or whatever it was and he was talking about you start -- you start shrinking things to make new product or you put out a different color of the ipad. the true innovator already died. every place he went, people were long apple and they already overloved it, so he shorted it at much higher levels. and so far so good. >> got to get that analyst back. >> google was supposed to get there. never made it either. but kind of ugly. >> google probably has a better chance than apple. >> when it had $150 billion market gap, i said it's a gadget company, it can't possibly. so i -- i recuse myself. anyway, qualc
lows in yesterday's session. we're digesting economic data which show the impact of hurricane sandy. retail sales down 0.3%. down five of the past six sessions. eurozone industrial production dropping the most in three years. we do see red arrows across the board. a big meeting today in washington between ceos and the president over the fiscal cliff. reports today say obama wants 1.6 trillion in new taxes, two times what republicans were offered last year. is this whole negotiation going nowhere? >> cisco not only surprises the street with a beat but says the u.s. enterprise business is showing signs of improvement. >>> and abercrombie silences the shorts. >> the president is scheduled to meet with a dozen ceos this afternoon to hear their concerns about looming tax increases and spending cuts. 73% of participants in a "wall street journal" ceo council conference said the fiscal cliff is their primary concern. goldman chairman and ceo lloyd blankfein talking about the importance of avoiding the fiscal cliff. he writes there's more than a trillion dollars of cash that is sitting on t
the east coast just as it tries to clean up from sandy. danielle, good morning. >> hi, how are you today? i know so many people are amped up about today and anticipating this day for a very long time. we've been bringing you your election forecast and up into northeastern portions of minnesota as well as northwestern wisconsin, this is where we have the snow. all of the rain pushing in for you voters around midday, so watch for that into chicagoland. right now as we zero in, you can also notice there are quite a few icy spots right now. certainly projected off to the northeast of minneapolis. we'll take you a little bit further south, of course florida one of our swing states. and getting messier by the minute across sections of north florida and you can clearly see that that rainfall will make impacts for many of you across sections of the southeast including georgia and into the carolinas. some showery weather also for those of you in the northwest. in terms of tracking the storm system, the nor'easter that we've been talking about, this has clearly been on everyone's mind and we know how
attention to the northeast and weather. a week after being battered by sandy, storm stricken areas are bracing for a nor'easter as hundreds of thousands do not have power and a new flooding threat looms. want to check in with meteorologist todd gross back at hq. >> it's more than that. there's a real threat of significant snow in the new york metropolitan area and that's one of the things we're going to be discussing because there are still leaves on the trees, my friends, and that does not bode well as we saw one year ago when you have leaves on the trees and wet snow, it can be a major player in how the storm ends up. i'll explain what i mean. first of all, if you look at the satellite and radar combined, you can see the bright colors moving in on long island and moving in on new jersey. that is the actual first wave of precipitation coming in from this knockout nor'easter. there's already big winds from the storm. the big winds are in eastern massachusetts. nantucket gusting to 50 miles an hour already. there may be minor coastal flooding from the jersey shore through long islan
communities. almost 2 1/2 weeks after superstorm sandy. lipa acts as a general manager that farms out the actual power operations to the national grid. more than 21,000 lipa customers are still without power. and they are making awfully good money. >>> president obama read a letter at his press conference yesterday from a romney voter in tennessee who urged him to make a fiscal cliff deal. that man is about to join us live. >>> plus, as we stand at the precipice of the cliff, is compromise possible? we'll ask congress jeff flake. all that up next on "kudlow." >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, benghazi-gate rears its ugly head again today. two months after the deadly terrorist attack on our u.s. consulate in libya, lawmakers are finally briefed by intelligence, state and fbi officials. >>> call it president obama's bad medicine. my 2025 research shows the u.s. will have a full-blown doctor shortage because of obama care. >>> first up, with 46 days until the country's economy plummets off the tax and fiscal cliff, new signs tonight that democr
that the government can borrow at below 2%, and jfk. that was his way of putting it. that was before sandy. >> we don't need to build high-speed rail. >> i understand. >> really? we don't need to have solar energy next year powering all our cars. >> wait a second. i think there's a clean energy agenda over the longer term. but near term, if we're going -- >> it's not about jobs. >> i was with peter, we were in tokyo for the world bank meetings. peter has this great story. and it is about spending now and taking care -- >> this is the larry summers idea. >> jim liked it, too. >> it's not going to happen. >> it's not going to happen. you guys are really bumming me out. >> it's just not. >> i've even let you build a few things. >> the president only won this thing a few hours ago. >> we're going to have net fiscal contraction starting in 2013. that is where we are. >> net fiscal contraction. >> you're with bush in four years? i don't know. let me think about that. >> i'm a bush republican. as long as there's a bush republican running. >> i already threw christie out there. require want to get on the rec
Search Results 0 to 7 of about 8

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